Flip or rental?

[Tami R.]

We have about 30 rentals - have done two flips in the last 5 years, did ok but prefer long term.

We purchased two homes this fall basically $10k each in a smaller community (10 miles from our main city). We are putting $30k into rehab - everything brand new. Smaller comm. so rent in this little town would be $550-$600 per month or we could sell it within 90 days for $70k.

Thoughts?